Siemens Healthineers to acquire Varian for US$16.4 bil

GERMAN health group Siemens Healthineers today said it would acquire Varian Medical Systems Inc in a deal that values the US maker of devices and software for treating cancer at US$16.4 bil (RM69.5 bil).

Under the agreed deal, Siemens Healthineers would acquire all shares in Varian at US$177.50 in a cash, which represents a 24% premium to the American company’s closing price yesterday. – Aug 2, 2020, Reuters

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